Brent Crude

Daily Market Commentary: 7 August 2019

By | 2019-08-07T10:06:16+02:00 August 7th, 2019|Markets and Research|

Today we are taking a look at: SAGBs bull steepen yesterday amid better liquidity conditions, yields follow ZAR and swaps stronger The rand remains vulnerable to further weakness Brent crude held losses after falling into bear market as concern the U.S.-China trade war will continue to sap demand outweighed an industry report showing American crude [...]

Daily Market Commentary: 28 May 2019

By | 2019-05-28T09:34:42+02:00 May 28th, 2019|Markets and Research|

Today we are taking a look at: SAGB yield curve bear steepened ahead of the auction today The local unit continues to hold steady Brent crude traded around $70 a barrel as a two-day rebound petered out on signs the U.S. and China are still far from reaching a trade deal Global equity markets were [...]

Daily Market Commentary: 27 February 2019

By | 2019-02-27T09:01:34+02:00 February 27th, 2019|Markets and Research|

Today we are taking a look at: SAGBs open unchanged from last night, after US inflows bid the belly of the curve Powell suggests patience regarding interest rates in the US Brent crude climbed for a second day after an industry report signalled a surprise decline in U.S. oil inventories US markets closed in the [...]

Daily Market Commentary: 15 February 2019

By | 2019-02-15T09:05:16+02:00 February 15th, 2019|Markets and Research|

Today we are taking a look at: Yields remain elevated, follows ZAR weakness on the back of disappointment over Eskom plans The rand holds steady above 14.0000 Brent crude remains elevated and continues to rise as Saudi and Venezuelan output under pressure The JSE and European markets retraced early gains, following a sharp decline in [...]

Daily Market Commentary: 5 February 2019

By | 2019-02-05T09:30:47+02:00 February 5th, 2019|Markets and Research|

Today we are taking a look at: A slow day for SAGBs after gapping early and holding weaker levels for most of the day Various speakers scheduled to address the Mining Indaba Brent crude prices marginally higher, gold tightly range bound, unchanged over the day The Top40 closed in the red, European markets were mixed [...]

Daily Market Commentary: 20 December 2018

By | 2018-12-20T09:45:07+02:00 December 20th, 2018|Markets and Research|

Today we are taking a look at: SAGB yields continue to decline amid better risk sentiment Dollar rebounds as Fed not as dovish as expected Brent crude price slump persists; gold price eases marginally Global markets traded higher ahead of the U.S. rates decision supported by a stronger crude oil price UK CPI eases in [...]